100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
QuickBooks Chapter 3 (2024/25); Questions and Answers 100% Correct $11.99   Add to cart

Exam (elaborations)

QuickBooks Chapter 3 (2024/25); Questions and Answers 100% Correct

 8 views  0 purchase
  • Course
  • QuickBooks
  • Institution
  • QuickBooks

QuickBooks Chapter 3 (2024/25); Questions and Answers 100% Correct Credit Memos are prepared to record a reduction to a transaction. True When using QuickBooks, checks may not be written in a checkbook. False QuickZoom is a QuickBooks feature that allows detailed information to be displayed....

[Show more]

Preview 2 out of 7  pages

  • August 26, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • QuickBooks
  • QuickBooks
avatar-seller
TheeGrades
QuickBooks Chapter 3 (2024/25); Questions
and Answers 100% Correct
Credit Memos are prepared to record a reduction to a transaction. ✔✔True


When using QuickBooks, checks may not be written in a checkbook. ✔✔False


QuickZoom is a QuickBooks feature that allows detailed information to be

displayed. ✔✔True


A cash purchase can be recorded by writing a check or by using petty cash.

✔✔True


Once a report format has been customized as a QuickBooks preference for a

company,


QuickBooks will automatically use the customized format. ✔✔True


In a service business, most of the accounting for purchases and payables is

simply paying bills


for expenses incurred in the operation of the business. ✔✔True


Report columns may not be resized and report formats may not be customized.

✔✔False


A Missing Check Report lists any duplicate check numbers or gaps between

check numbers.

, QuickBooks Chapter 3 (2024/25); Questions
and Answers 100% Correct
✔✔True


The Accounts Payable Register keeps track of all checks written in the business.

✔✔False


If a check has been edited, it cannot be printed. ✔✔False


When using QuickBooks' graphs, information regarding the percentage of

accounts payable


owed to each vendor is displayed as a .

A. pie chart


B. bar chart


C. line chart


D. both A and B ✔✔A. pie chart


A check may be edited in .


A. the Write Checks window


B. the Check Register

C. both A and B

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller TheeGrades. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

81989 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$11.99
  • (0)
  Add to cart